EURUSD: Form a new peak on high price

By Antonia_Le
Updated
Enhanced EURUSD Trading Strategy:

This past week, the EURUSD pair enjoyed robust support, showcasing significant volatility as the week drew to a close. Currently positioned at 1.081, the pair experienced a slight retreat after failing to sustain its ascent near the 1.0888 mark, thereby establishing a new peak within the higher price zone.

Looking ahead, I anticipate a more pronounced adjustment for this currency pair, targeting two key levels: the 1.083 resistance and the 1.076 support. What are your expectations for the EURUSD's forthcoming movements?
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